2001News

Fuel prices decline

The Ministry of Industry and Commerce announced that as of Saturday, 24 February prices of fuel in the DR will be back at the levels of August 2000. Premium gasoline will now sell for RD$39.82 (down from RD$41.93), regular gasoline for RD$34.60 (down from RD$36.33) and diesel will go for RD$21 (down from RD$22.12).
2001News

Michael Skol to lobby for DR in US

The consortium of Skol & Associates/Manchester Trade signed a two-year contract in January with President Hipolito Mejia to work directly for him and with his administration in a variety of areas, including trade strategy/negotiations and anti-corruption/anti-drug programs. Skol & Associates Inc., with offices in New York, Bogota (Skol, Ospina & Serna), and Washington, DC, offers …
2001News

Agreement with power distributors seeks to reduce blackouts

The government signed an agreement with Distribuidora del Este, Edesur, and Edenorte to make direct payments to the generators of the subsidy on the price of fuel that compensates these companies for the increasing prices of fuel in international markets. The agreement seeks to return to the distributors adequate levels of profitability, as these have …